Lifeway Foods, Inc. (NASDAQ:LWAY – Get Free Report) major shareholder Ludmila Smolyansky sold 10,000 shares of the company’s stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $20.04, for a total transaction of $200,400.00. Following the completion of the sale, the insider now directly owns 1,290,341 shares in the company, valued at $25,858,433.64. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Ludmila Smolyansky also recently made the following trade(s):
- On Monday, April 15th, Ludmila Smolyansky sold 2,193 shares of Lifeway Foods stock. The stock was sold at an average price of $20.50, for a total transaction of $44,956.50.
- On Friday, April 5th, Ludmila Smolyansky sold 5,000 shares of Lifeway Foods stock. The stock was sold at an average price of $19.56, for a total transaction of $97,800.00.
- On Monday, April 8th, Ludmila Smolyansky sold 5,000 shares of Lifeway Foods stock. The shares were sold at an average price of $20.40, for a total transaction of $102,000.00.
- On Tuesday, March 26th, Ludmila Smolyansky sold 13,000 shares of Lifeway Foods stock. The shares were sold at an average price of $18.71, for a total transaction of $243,230.00.
- On Friday, March 22nd, Ludmila Smolyansky sold 3,852 shares of Lifeway Foods stock. The shares were sold at an average price of $15.80, for a total transaction of $60,861.60.
- On Wednesday, March 20th, Ludmila Smolyansky sold 13,000 shares of Lifeway Foods stock. The shares were sold at an average price of $12.87, for a total transaction of $167,310.00.
- On Monday, February 26th, Ludmila Smolyansky sold 13,542 shares of Lifeway Foods stock. The shares were sold at an average price of $12.34, for a total transaction of $167,108.28.
- On Thursday, February 8th, Ludmila Smolyansky sold 22,747 shares of Lifeway Foods stock. The shares were sold at an average price of $11.61, for a total transaction of $264,092.67.
- On Tuesday, February 6th, Ludmila Smolyansky sold 10,000 shares of Lifeway Foods stock. The shares were sold at an average price of $11.84, for a total transaction of $118,400.00.
- On Wednesday, January 24th, Ludmila Smolyansky sold 5,000 shares of Lifeway Foods stock. The stock was sold at an average price of $13.44, for a total transaction of $67,200.00.
Lifeway Foods Trading Down 4.4 %
NASDAQ LWAY opened at $19.12 on Friday. The firm has a 50 day simple moving average of $14.51 and a 200-day simple moving average of $13.44. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.75 and a current ratio of 2.30. Lifeway Foods, Inc. has a one year low of $5.61 and a one year high of $23.31. The firm has a market cap of $280.87 million, a price-to-earnings ratio of 25.16 and a beta of 1.33.
Wall Street Analyst Weigh In
Several research firms recently issued reports on LWAY. Noble Financial restated a “market perform” rating on shares of Lifeway Foods in a research report on Wednesday, March 27th. Lake Street Capital assumed coverage on shares of Lifeway Foods in a research note on Friday, April 5th. They set a “buy” rating and a $25.00 target price for the company. Finally, StockNews.com lowered shares of Lifeway Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 6th.
Get Our Latest Research Report on LWAY
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in LWAY. EAM Investors LLC acquired a new stake in Lifeway Foods in the third quarter valued at approximately $1,353,000. Denali Advisors LLC raised its holdings in Lifeway Foods by 62.5% in the fourth quarter. Denali Advisors LLC now owns 14,300 shares of the company’s stock valued at $192,000 after acquiring an additional 5,500 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Lifeway Foods in the third quarter valued at approximately $143,000. Bank of New York Mellon Corp acquired a new stake in Lifeway Foods in the third quarter valued at approximately $405,000. Finally, Teton Advisors Inc. acquired a new stake in Lifeway Foods in the third quarter valued at approximately $114,000. Hedge funds and other institutional investors own 36.39% of the company’s stock.
Lifeway Foods Company Profile
Lifeway Foods, Inc produces and markets probiotic-based products in the United States and internationally. Its primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and types. The company offers European-style soft cheeses; cream and other products; ProBugs, a line of kefir products designed for children; drinkable yogurt; and fresh made butter and sour cream.
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